LightStream
LightStream was an ATM switching company[1] based in the United States. The company was a joint venture between Bolt Beranek & Newman Inc. and UB Networks. It was acquired by Cisco Systems on December 8, 1994 for $120 million in cash.[2]
| Division | |
| Industry | Computer networking |
| Fate | Acquired by Cisco Systems |
| Founded | United States |
| Headquarters | United States |
| Parent | Cisco Systems |
References
- Knell, Michael E. (Aug 10, 1993). "Business Lightstream starts networking". Boston Herald. pp. FINANCE 036. Retrieved 2011-04-28.
Lightstream's switch is an example of Asynchronous Transfer Mode, or ATM, which permits rapid shift of data. Bolt owns 80 percent of Lightstream and the rest will be held by Ungermann-Bass, a Tandem Computers subsidiary.
- "COMPANY NEWS; CISCO SYSTEMS TO BUY LIGHTSTREAM FOR $120 MILLION". The New York Times. 1994-12-09. Retrieved 2011-04-28.
Cisco Systems Inc. agreed yesterday to acquire the Lightstream Corporation for $120 million in cash. Lightstream, which makes asynchronous mode transfer (ATM) switches for computer networks, is a joint venture of Bolt Beranek & Newman Inc. and UB Networks, a unit of the Tandy Corporation.
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